Common use of Total Net Leverage Ratio Clause in Contracts

Total Net Leverage Ratio. The Total Net Leverage Ratio of Borrower, as of the end of each fiscal quarter (commencing with the fiscal quarter ending March 31, 2022) with respect to the four (4) fiscal quarters then ended, shall not be greater than 4.50 to 1.00.

Appears in 3 contracts

Samples: Loan and Security Agreement (Veeco Instruments Inc), Loan and Security Agreement (Veeco Instruments Inc), Loan and Security Agreement (Veeco Instruments Inc)

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Total Net Leverage Ratio. The Total Net Leverage Ratio of BorrowerRatio, calculated as of the end last day of each fiscal quarter Fiscal Quarter (commencing with the fiscal quarter ending March 31, 2022) with respect to first full Fiscal Quarter ended after the four (4) fiscal quarters then endedClosing Date), shall not be greater less than or equal to 4.50 to 1.00.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Amneal Pharmaceuticals, Inc.), Revolving Credit and Term Loan Agreement (Amneal Pharmaceuticals, Inc.)

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